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steelhead trade journal

Alright I have manage to meet someone that knows what he is doing and has giving me a great edge in my trading skills. Thanks for giving me a new edge in my trading ...

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Quoting Shermenator
Alright I have manage to meet someone that knows what he is doing and has giving me a great edge in my trading skills. Thanks for giving me a new edge in my trading ...

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anytime my friend anytime
It looks like that you can trade in any pairs, steelhead. What an all round trader you are, I really admire it. But others say in order to succeed, you must focused and elaborated in one pair.

For beginner like me, after seven months in this "bad-time stories", I still can't figure what's really and actually going on behind all of the moving price.

I try indicators, but they just follow the price! They will say down when the price is already down and vice versa. Can't fully trust them...even fibos and waves are recommended...can't fully trust them either...

What do you think Mr. steelhead?
Don't worry for being critical to me because I like to be criticized
Quoting Phoenix-FX
It looks like that you can trade in any pairs, steelhead. What an all round trader you are, I really admire it. But others say in order to succeed, you must focused and elaborated in one pair.

For beginner like me, after seven months in this "bad-time stories", I still can't figure what's really and actually going on behind all of the moving price.

I try indicators, but they just follow the price! They will say down when the price is already down and vice versa. Can't fully trust them...even fibos and waves are recommended...can't fully trust...
the principles are the same no matter what currency you are trading. Buy low sell high. That being said I trade whatever currency fits my system at the time
Bought euro/aussie at 1.8630 yesterday. Taking some profit at 1.8950 will let the rest run.

+300 pips not bad trade for holding less then 24 hours
Solid four hour close above 1.5 im shorting. Will add if it goes against me. First position is always light so can add to it if need be
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shakeout thats all this upmove is on gu
placed a small buy on uj at 92.60 for a retest of 9400 to 94.40 where i will short again
Quoting steelhead
placed a small buy on uj at 92.60 for a retest of 9400 to 94.40 where i will short again
I agree with the bounce off my 9244 support but I cannot see any of your trademark solid candles on my chart. Is this purely a s/r move hence the small buy?

(Bear in mind my UK timezone and broker.)
bro, what do you think about the gbp, will she test the 14500 again?
is she still down trend? i have short position at 14500

what is your recomendation ?
thanks a lot
Quoting pocetung
bro, what do you think about the gbp, will she test the 14500 again?
is she still down trend? i have short position at 14500

what is your recomendation ?
thanks a lot

what was the reason for short at 4500? Im short up here but dont understand shorts in that area.

what can you do? dont hedge whatever you do. I would think about closing the trade taking the hit and learning how the market really works.
Quoting RedCabbage
I agree with the bounce off my 9244 support but I cannot see any of your trademark solid candles on my chart. Is this purely a s/r move hence the small buy?

(Bear in mind my UK timezone and broker.)
yeah this was just a s/r level I liked hoping to retest the 94.00 to 94.40 area
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Quoting steelhead
yeah this was just a s/r level I liked hoping to retest the 94.00 to 94.40 area
Thanks for the confirmation, knowing I'm on the right track is a confidence boost.
Quoting steelhead
Bought euro/aussie at 1.8630 yesterday. Taking some profit at 1.8950 will let the rest run.

+300 pips not bad trade for holding less then 24 hours
That looks like a hit 'n run. I hope you held onto part of your position. It just hit 1.9450. I might consider looking for a sell setup.
Quoting nwsuccess
That looks like a hit 'n run. I hope you held onto part of your position. It just hit 1.9450. I might consider looking for a sell setup.
still holding some +760 or so.


yeah im looking for sells as well. Hail to you my mentor
looking for uj longs in this area. Will wait for my candle closes
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Quoting steelhead
looking for uj longs in this area. Will wait for my candle closes

Uj doing exactly what i want it to do. waiting for 4 hr close to go long
In uj at 91.09 will add more if need be. I would have liked it below 91 but oh well
Quoting steelhead
Uj doing exactly what i want it to do. waiting for 4 hr close to go long
Hi steelhead

I don't see any solid closes 4hr or 1hr. Are these long wicks indicative for you instead?
Quoting RedCabbage
Hi steelhead

I don't see any solid closes 4hr or 1hr. Are these long wicks indicative for you instead?

the four hour close a a bit ago was a decent one not the best but im taking it. With the knowledge I might have to add.

Im on yahoo im all day as well. Best way to get ahold of me is through that.

[email protected]
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